In 2023, the re-import of diesel generating sets of an output of 375 kVA and more to Canada was stable at a specific reference value. From 2024 onwards, forecasted values indicate a gradual decline, starting at 3.9 in 2024 and reaching 3.7 by 2028. This reveals a decrease, although modest, seen as a year-on-year dip of approximately 2.6% over the forecasted period. The overall compound annual growth rate (CAGR) from 2024 to 2028 highlights a minor decline.
Future trends to watch for include:
- Potential impacts of Canadian energy policies on diesel generator imports.
- Technological advancements and shifts towards renewable energy sources.
- Economic factors influencing industrial demand for high-capacity generators.
